Higher consumer prices caused by external forces would boost the wage costs of firms without any commensurate increase in the nominal demand for their products if

A) long-term contracts were in force.
B) all labor contracts were one year in duration.
C) there were no COLAs.
D) there were full COLA protection.


D

Economics

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If a country has an absolute advantage in producing a product, it may not have a comparative advantage in producing that product

Indicate whether the statement is true or false

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Champlain College in Vermont runs a satellite campus in Dublin, Ireland. This is an example of:

A. foreign portfolio investment. B. foreign direct investment. C. importing. D. exporting.

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is U.S net ports are negative

What will be an ideal response?

Economics

An example of a nonrenewable resource would be:

A. wireless technology. B. a computer. C. sunlight. D. None of these is considered a nonrenewable resource.

Economics